In a landmark move for the fashion industry, Prada has acquired Versace for €1.25 billion, uniting two of Italy’s most iconic brands. This deal signals a bold strategy amidst a competitive luxury market, reshaping the landscape of high fashion.
In a landmark move for the fashion industry, Prada has acquired Versace for €1.25 billion, uniting two of Italy’s most iconic brands. This deal signals a bold strategy amidst a competitive luxury market, reshaping the landscape of high fashion.
Prada has announced a strategic collaboration with Versace, aiming to unify the strengths of both iconic Italian brands. This partnership seeks to elevate their luxury offerings, enhancing competitiveness in the global fashion market.